Global War On Cash? Plus, Manufactured Housing Equities Updates

At the closing bell, its been another up day on the markets. The bulk of manufactured home industry connected tracked stocks closed up. While there’s plenty of market movers we could touch upon, to mix things up, this evening we take a fascinating look at the “global war on cash” as our feature tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

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Today’s markets and stocks, at the closing bell…

Manufactured Housing Composite Value (MHCV)

Today’s Big Movers

Forall the scores and highlightson tracked manufactured home connected stocks today, see the Bloomberggraphic, posted below.

Today’s MH Market Spotlight Report –

In curating a topic, or presenting an infographic to industry professionals, the Daily Business News on MHProNews approaches each issue with some fundamental principles in mind. Among those is the notion that every source is going to have some good, bad, or meh. Thus, it is prudent to consider a source with the ancient, wise principle of separating the wheat from the chaff. No source is perfect.

Part of the premise of this following infographic bears scrutiny. Visual Capitalistand Texas Precious Metals argue that the purpose of the global war on cash is: “The elimination of cash will make it easier to track all types of transactions – including those made by criminals….2. The EnemyWho? Criminals, terrorists.”

They may sincerely believe that, but it’s demonstrably inaccurate. There are numerous governments, and public officials, in nations around the world that are themselves involved in terrorist activities. Or that are personally profiting or benefiting from illegal drug trafficking. In the trail of drug lord El Chapo, per the New York Times, “Peña Nieto Took $100 Million Bribe, Witness at El Chapo Trial Says “Mr. Guzmán paid a bribe of $100 million to [Mexican] President Peña Nieto…”

Here in the U.S., after years of denials, the CIA released hundreds of pages of documents during the Clinton administration that admitted they had done essentially what investigative reporter Gary Webb claimed years before.

Part of the point is that the trend towards a cashless society is noteworthy, but the premise presented in this infographic is less than stellar.

That point noted, the various data points – taken at face value – are interesting.

The last question in the infographic is logically answered with the words, ‘everyday people.’ The powerful – criminal or otherwise – routinely can make ‘the system’ work for themselves.

Governments have long attempted to control their populations. That’s not a conspiracy theory, that’s a matter of history. To what degree any given government is attempting to control its own population varies according to place and time.

A tangentially related report about government, corruption, and more by investigative reporter Sharyl Attkisson will be upcoming soon. Stay tuned.

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